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Chart signs letter of cooperation with ExxonMobil affiliate and IOCL

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LNG Industry,

Chart Industries, Inc. has announced that it has signed a letter of cooperation with ExxonMobil India LNG Ltd, an affiliate of ExxonMobil, and Indian Oil Corp. (IOCL) focused on pioneering virtual pipelines to accelerate gas access in India.

Virtual pipelines deliver LNG by road, rails and waterways not connected by physical pipelines.

Early last year, Chart signed a memorandum of understanding (MOU) with IOCL to promote the development of the Indian LNG market. This MOU focused on modular liquefaction, regasification applications, LNG bunkering, fuelling stations and alternative LNG mobile transportation, including ISO containers. According to the statement, this latest letter of cooperation expands the reach and potential scale within a significantly growing country that has committed to clean energy options.

Jill Evanko, Chart’s President and CEO, said: “We believe this collaboration with ExxonMobil, a major LNG supplier with a local presence in India, coupled with our ongoing work with IOCL will accelerate India’s ability to offer a cleaner energy solution within the growing cities and networks.

“We are excited to offer our cryogenic equipment to support what each party in this collaboration believes will accelerate clean energy progress while doing so with localised equipment manufacturing in India.”

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